The Procter & Gamble Company (NYSE:PG) Shares Bought by Nottingham Advisors Inc.

Nottingham Advisors Inc. lifted its position in shares of The Procter & Gamble Company (NYSE:PG) by 98.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,014 shares of the company’s stock after buying an additional 2,990 shares during the period. Nottingham Advisors Inc.’s holdings in Procter & Gamble were worth $992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. HighPoint Advisor Group LLC acquired a new stake in Procter & Gamble in the 4th quarter valued at approximately $17,696,000. Campbell Wealth Management boosted its holdings in Procter & Gamble by 13.1% during the 4th quarter. Campbell Wealth Management now owns 1,988 shares of the company’s stock valued at $291,000 after acquiring an additional 231 shares during the period. V Square Quantitative Management LLC increased its stake in Procter & Gamble by 29.0% during the first quarter. V Square Quantitative Management LLC now owns 43,202 shares of the company’s stock worth $7,010,000 after purchasing an additional 9,716 shares during the period. Bayesian Capital Management LP boosted its stake in shares of Procter & Gamble by 43.0% in the fourth quarter. Bayesian Capital Management LP now owns 52,840 shares of the company’s stock valued at $7,743,000 after purchasing an additional 15,900 shares during the period. Finally, Steele Capital Management Inc. acquired a new position in shares of Procter & Gamble in the first quarter valued at approximately $204,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on PG. Stifel Nicolaus boosted their price target on shares of Procter & Gamble from $157.00 to $161.00 and gave the stock a “hold” rating in a research note on Monday, July 22nd. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $181.00 to $179.00 and set an “overweight” rating for the company in a research note on Wednesday, July 31st. Jefferies Financial Group lowered Procter & Gamble from a “buy” rating to a “hold” rating and reduced their price target for the company from $182.00 to $175.00 in a research report on Wednesday, July 24th. Dbs Bank downgraded Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Eight analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $175.79.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 13,041 shares of Procter & Gamble stock in a transaction on Monday, August 26th. The shares were sold at an average price of $170.00, for a total value of $2,216,970.00. Following the transaction, the chief financial officer now directly owns 37,208 shares in the company, valued at $6,325,360. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Balaji Purushothaman sold 8,842 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $164.90, for a total transaction of $1,458,045.80. Following the completion of the transaction, the insider now directly owns 11,537 shares of the company’s stock, valued at approximately $1,902,451.30. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Andre Schulten sold 13,041 shares of Procter & Gamble stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $170.00, for a total value of $2,216,970.00. Following the completion of the sale, the chief financial officer now owns 37,208 shares in the company, valued at $6,325,360. The disclosure for this sale can be found here. Insiders sold a total of 375,553 shares of company stock worth $63,829,141 in the last 90 days. Company insiders own 0.17% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG traded up $0.11 during trading hours on Thursday, hitting $176.01. The company had a trading volume of 1,446,054 shares, compared to its average volume of 6,568,937. The business has a 50 day moving average of $167.87 and a 200-day moving average of $164.45. The company has a market cap of $415.41 billion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 3.72 and a beta of 0.41. The Procter & Gamble Company has a 1-year low of $141.45 and a 1-year high of $176.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 30th. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. Procter & Gamble had a return on equity of 33.46% and a net margin of 17.71%. The firm had revenue of $20.53 billion during the quarter, compared to analysts’ expectations of $20.69 billion. During the same period in the prior year, the firm earned $1.37 EPS. The business’s revenue was down .1% on a year-over-year basis. As a group, equities research analysts expect that The Procter & Gamble Company will post 6.97 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Friday, July 19th were given a $1.0065 dividend. The ex-dividend date of this dividend was Friday, July 19th. This represents a $4.03 annualized dividend and a yield of 2.29%. Procter & Gamble’s dividend payout ratio (DPR) is 65.85%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.